The development and use of new medical technology has increased healthcare spending. Should the medical industry place more emphasis on using older medical technologies and containing medical costs? Which approach to dealing with moral issues discussed, would you use to analyze this question? What decision did you come to as a result of your analysis?
What will be an ideal response?
Enhanced technology makes it possible to address a wider variety of diagnoses. To really gain control over soaring healthcare costs, patient awareness must be raised and technology costs must be managed more carefully. In the meantime, however, the improved use of IT in the healthcare industry can lead to significant cost reductions in a number of ways.
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Items should be reported as part of the company's "inventory" at year end, if they are
a. Purchased from a creditor, available for sale, and paid for the following year. b. Held in anticipation of an increase in market value. c. Determined to be part of cost of goods sold. d. Sold during the period.
Agreements drawn up that require franchisees to abide by stringent regulations set by the franchisor are legal if necessary to _____
a. develop and maintain a uniform chain-like image b. force franchisees to purchase goods and services from approved vendors c. constrain franchisee decision making d. provide franchisors with additional revenues
According to Oliver (1990) organizations collaborate for six main reasons: Necessity, Asymmetry, Reciprocity, Efficiency, Stability, and Legitimacy. The reason organizations collaborate to mutually benefit from their relationship is __________.
a. Asymmetry b. Efficiency c. Necessity d. Reciprocity
One of the advantages of a C corporation is ease of formation.
Answer the following statement true (T) or false (F)